[A]fter three years of Obamanomics, the nation has seen the longest period of high unemployment since the Great Depression in the 1930s. Trust a Democrat President to repeat all the errors of Franklin Delano Roosevelt who prolonged the Depression for ten years while he held office.
Archive for Category: "Economy"
Sen. Cornyn: Obama’s Policies Drive up Gas Prices
Obama’s Energy Secretary Steven Chu is on the record as having said we need higher gas prices like those in Europe. A new congressional report has determined that the Obama administration is intentionally causing high gas prices. Obama seems to be doing everything he can to increase gas prices, inhibit domestic oil drilling and ruin the coal industry. His green energy policies cause consumers to pay as much as 38% more for electricity.
9th Obama green boondoggle – battery company in trouble
“Despite $390 MILLION in taxpayer subsidies” – Are we INSANE? Billions are being flushed down Obama’s “green” scheme toilet. How many billions will we let Obama give to these green schemes. $16 Billion of the $20 billion in “green” company loans has gone to companies with ties to Obama or his campaign supporters. Its a big green slush fund for campaign cash. Time to run this bunch of Marxist corruptocrats out of Washington and back to Chicago where they like this king of political corruption.
The Destruction of The US Economy is Assured
Government strategy is misguided. It contradicts both common and economic sense. It will make the inevitable adjustment more painful. Instead of admitting their mistakes, government insists on compounding them.
Candidates say Obama is “anti-energy” and WANTS higher energy prices
Obama can’t fool all of the people all of the time. The GOP candidates call him out on his “anti-energy” secretary who wants gas prices as high as Europe’s. Obama’s Energy Secretary Steven Chu is on the record as having said we need higher gas prices like those in Europe.
Billions in foreclosed homes to go to connected investment companies
“[T]he federal government is about to dump millions of the foreclosed homes at fire-sale prices to hedge funds and private-equity firms with government connections. If you’re an individual investor who might like to get in on the action, forget it! You’re shut out of this deal.” – Addison Wiggin
Palin responds to Obama mocking drill baby drill
We should not be surprised by his detached attitude about America’s pain at the pump. He’s not interested in lowering the price of gas because exorbitantly high gas prices are one of his campaign promises.
Today’s Reckless Spenders Enslave Future Generations
Liable for the biggest chunk of the debt are children being born today. According to the Senate Budget Committee, each member of this group, which employs no lobbyists, already owes $1.53 million in federal debt. – IBD
Obama’s selling out the future campaign
Piling crushing debt on our children and grandchildren Obama ignores the consequences to buy votes today. Obama’s proposed budget will increase household debt by over 32% to $50,000 per household. How will you pay your share?
A Whiff of Privatization
[D]on’t waste time trying to reform bureaucracies or make them more efficient. Only the profit-and-loss calculus in competitive markets can do that. Put any federal agency on the block if it is performing a function that conceivably could earn a profit, and sell it to the highest bidder. (If there are no bidders, you’re looking at an economically unviable operation, so axe it—unless our lives depend on it.)